Potential labour force rate in European Union 27
European Union 27: Potential labour force rate was 3.36 in 2027. ▼ Falling
Potential labour force rate in European Union 27, 2004–2027
Source: International Labour Organization.
Analysis
European Union 27 recorded 3.36 for potential labour force rate in 2027.
That represents a change of down 0.4% on the previous year and down 15.7% over ten years.
Over the whole period, potential labour force rate in European Union 27 peaked at 4.56 in 2014 and was at its lowest, 3.34, in 2023.
That places European Union 27 55th out of 87 groups with data for 2027, putting it in the middle of the range.
The long-run direction has been consistently falling across the 24 years of available data.
Potential labour force rate in European Union 27, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 3.85 | — |
| 2005 | 3.96 | +2.9% |
| 2006 | 3.86 | -2.5% |
| 2007 | 3.79 | -1.9% |
| 2008 | 3.65 | -3.7% |
| 2009 | 3.78 | +3.6% |
| 2010 | 3.94 | +4.3% |
| 2011 | 4.14 | +5.0% |
| 2012 | 4.25 | +2.8% |
| 2013 | 4.38 | +2.9% |
| 2014 | 4.56 | +4.2% |
| 2015 | 4.45 | -2.5% |
| 2016 | 4.31 | -3.2% |
| 2017 | 3.99 | -7.5% |
| 2018 | 3.77 | -5.5% |
| 2019 | 3.55 | -5.8% |
| 2020 | 4.41 | +24.1% |
| 2021 | 4.09 | -7.2% |
| 2022 | 3.54 | -13.4% |
| 2023 | 3.34 | -5.8% |
| 2024 | 3.34 | +0.1% |
| 2025 | 3.38 | +1.3% |
| 2026 | 3.38 | -0.2% |
| 2027 | 3.36 | -0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.82 | 3.65 | 3.96 | 6 |
| 2010s | 4.13 | 3.55 | 4.56 | 10 |
| 2020s | 3.6 | 3.34 | 4.41 | 8 |
More work & labour data for European Union 27
- Labour force (ILO modelled estimates) 219,152 (2027)
- Labour force participation rate (ILO modelled estimates) 56.65 (2027)
- Persons outside the labour force (ILO modelled estimates) 167,689 (2027)
- Unemployment rate (ILO modelled estimates) 5.8 (2027)
- Labour dependency ratio 1.18 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 123,695 (2027)
- Output per worker, GDP constant 2015 US $ 79,226 (2027)
- Employment-to-population ratio (ILO modelled estimates) 53.37 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 0.7922 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate -0.5152 % change on previous year (2027)
Frequently asked questions
- What is potential labour force rate in European Union 27?
- Potential labour force rate in European Union 27 was 3.36 in 2027, according to International Labour Organization.
- What is the highest potential labour force rate recorded in European Union 27?
- The highest recorded value was 4.56 in 2014.
- What is the lowest potential labour force rate recorded in European Union 27?
- The lowest recorded value was 3.34 in 2023.
- How does European Union 27 rank for potential labour force rate?
- European Union 27 ranks 55th out of 87 groups with data for 2027.
- Is potential labour force rate rising or falling in European Union 27?
- Over the last ten years it is down 15.7%. The long-run trend across the full record is falling.
- Where does this European Union 27 data come from?
- The figures come from International Labour Organization, published as part of Potential labour force rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
With the aim of promoting international comparability, statistics presented on ILOSTAT are based on standard international definitions wherever feasible and may differ from official national figures. This series is based on the 13th ICLS definitions. For time series comparability, it includes countries that have implemented the 19th ICLS standards, for which data are also available in the Work Statistics -- 19th ICLS (WORK) database. The potential labour force refers to persons not in employment who express an interest in this form of work but for whom existing conditions limit their active job search and/or their availability. This group is used to calculate alternative measures of labour underutilization. For more information, refer to the Labour Force Statistics (LFS and STLFS) database description.